Eric Schmidt Is Right: Google’s Glory Days Are Numbered

“History shows that popular technology is often supplanted by entirely new models.”

That simple observation, presented in a letter from Google Chairman Eric Schmidt to the Senate Subcommittee on Antitrust, Competition Policy, and Consumer Rights, summarizes Google’s single best line of defense against the blunt instruments of government regulatory dismemberment. You don’t have to fear our power, Google says, because something will inevitably come along and take it from us.